401 SE 15th Ave - Loft/Creative Space FOR SALE


Demotte, IN 46310
$1,150,000 USD
219-836-4740
401 SE 15th Ave, Demotte, IN for Sale
$1,150,000 USD
Loft/Creative Space - FOR SALE
1/15
null | Request Cap Rate

401 SE 15th Ave
Demotte, IN 46310


OVERVIEW

VALUE ADD!!! Newly remodeled investment property located in DeMotte and is complete with key card access to all units and 41 paved parking spaces, with close proximity to I 65 highway! All lower level units (8) on the east side of this building are fully occupied, and the entire west side of the property is occupied by a nationally known company. The upper 7,000sf level is ready to be leased as Added Value commercial space currently fitted with 5 offices/spaces along with a full kitchen area and can be updated with new carpet/paint or leased as is. Open space can also be easily converted to 8-10 office spaces or built to suit any potential needs.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

DeMotte Business Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

B-2

APN/PARCEL ID

37-15-35-000-030.000-025

ASK ABOUT THIS PROPERTY

Michael LarsonDiversified Commercial Real EstateMore Info
219-836-4740

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Michael LarsonDiversified Commercial Real EstateMore Info
219-836-4740

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.